Are Millennials Estate Planning?
As the coronavirus pandemic increased anxiety and upended many lives, it led U.S. millennials to get more serious about end-of-life planning.
Ethan Huizenga
March 22, 2022
When Can Estate Assets Be Distributed?
Many estate executors focus on estate taxes and forget about income taxes. That can be an expensive mistake.
Ethan Huizenga
March 21, 2022
Should I Withdraw more than RMD?
Sometimes only taking the minimum IRA distribution can be a costly mistake. When deciding how much to withdraw this year, you need to consider the big picture. For some people, it makes sense to go big.
Ethan Huizenga
March 18, 2022
What are Common Mistakes People Make with Living Trusts?
Of course, just because you have a living trust doesn’t mean you are all set. Here are a few of the most common mistakes people make with their living trusts.
Ethan Huizenga
March 15, 2022
How to Protect Valuable Assets in Estate Planning
Planning for your future should start after you get a job. Therefore, it is advisable to start saving a certain percentage of your salary every month and buying assets whenever you can. That will guarantee that you will have a comfortable life after retirement.
Ethan Huizenga
March 14, 2022
How Does the Caregiver Tax Credit Work?
There are actually several tax credits and deductions available to adult children who help look after their aging parents or other relatives.
Ethan Huizenga
March 11, 2022
What is the Difference between Conservatorship and Guardianship?
The term ‘conservatorship’ was suddenly all over the news this year because of singer Britney Spears. However, whether you’ve been reading up on the topic because of current events or you’ve been trying to understand it for personal reasons, the legal jargon can be confusing.
Ethan Huizenga
March 9, 2022
What are the Stages of Huntington’s Disease?
With Huntington’s disease, there are three different stages of the disease — early, middle and end stages — all of which come with different symptoms and care needs.
Ethan Huizenga
March 7, 2022
Why Should I Have a Living Will?
As a review of terms, a will is a legal document that specifies how a person’s estate should be handled only after that person’s death. A living will has nothing to do with how your “things” like property, money, jewelry, etc. are to be distributed. Unlike a will, it is, in fact, a document that comes into play while you’re still alive.
Ethan Huizenga
March 4, 2022
What’s a QTIP Trust?
Creating a trust as part of an estate plan can help protect assets and ensure your financial legacy is preserved. If you’re married, you may consider establishing a QTIP trust, which is short for qualified terminable interest property trust.
Ethan Huizenga
March 2, 2022
